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Walmart reported total revenues of $138.8 billion for the quarter ended 31 December 2018 (Q4FY19). Its net sales at Walmart International were down 2.3%...
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Walmart reported total revenues of $138.8 billion for the quarter ended 31 December 2018 (Q4FY19). Its net sales at Walmart International were down 2.3%...
Over a dozen small sellers have exited or suspended their accounts on Amazon since they were unable to manage deliveries and logistics on their...
Domestic e-commerce firms Snapdeal, Shopclues, Shop101 and others have written to the Department of Industrial Planning and Policy (DIPP) and the Commerce Minister Suresh...
Ericsson has set up a Global Artificial Intelligence Accelerator (GAIA) in Bangalore to focus on research and development in artificial intelligence (AI) and automation....
Myntra CFO Dipanjan Basu has departed the company to head finances at venture fund Fireside Ventures. In the past weeks, unconfirmed reports about Basu’s...
Update, November 14: Binny Bansal’s resignation was a result of an investigation against him looking into an allegation of sexual assault from a few...
Industry moves in September 2018 Four senior executives from Walmart have joined Flipkart Group. Walmart’s M&A head Emily McNeal will join Flipkart as Senior...
Google is reportedly in talks with Paytm Mall to purchase a 7-10% stake in Future Retail worth Rs 3,500-4,000 crore, reports Economic Times. This consortium...
Walmart-owned Flipkart has acquired Liv.ai, a speech recognition tech startup that focuses on Indian languages, the Economic Times reports. Financial details of the deal...
The Competition Commission of India (CCI) has approved Walmart’s proposed $16 billion acquisition of a majority stake in online marketplace Flipkart, despite protests from...
